Er.. no I think the problem is cache, go (if you are using chrome like you should/n't be) to clear history and uncheck all boxes except "cached images and files" and that should do the trick. Might be similar on IE although I don't use it so I don't know how to.
But, keep in mind, as long as you uploaded the image and saved following, everybody else will see the new image, it is just cache for you.
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